Lexology
Greenberg Traurig LLP
Daniel B. Pasternak USA April 6 2010
Like most employers, Credit Agricole's policy is only to confirm dates of employment in response to a request for employment verification, without providing any information about a former employee's job performance. But that didn't happen to William Raedle.
Instead, according to court testimony reported in the press,his former supervisor told a prospective boss at Dreyfus Corp. that William had difficulty working with others and had mental issues. Raedle didn't get the job at Dreyfus. What he did get, however, was a big verdict in his favor against Credit Agricole. After a weeklong trial, a jury in a New York federal court deliberated only five hours to award Raedle $2.4 million in lost earnings, damage to his reputation, and punitive damages, including $200,000 in punitive damages against his former supervisor for interfering with his efforts to get a job at Dreyfus.
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